Franklin Aerospace has a quick ratio of 2.00x, $36,225 in cash, $20,125 in accounts receivable, some inventory, total current assets of $80,500, and total current liabilities of $28,175. The company reported annual sales of $200,000 in the most recent annual report.
Over the past year, how often did Franklin Aerospace sell and replace its inventory?
Monroe Manufacturing has a quick ratio of 2.00x, $28,125 in cash, $15,625 in accounts receivable, some inventory, total current assets of $62,500, and total current liabilities of $21,875. The company reported annual sales of $200,000 in the most recent annual report.
Over the past year, how often did Monroe Manufacturing sell and replace its inventory?
Cute Camel Woodcraft Company just reported earnings after tax [also called net income] of $9,750,000 and a current stock price of $28.50 per share. The company is forecasting an increase of 25% for its after-tax income next year, but it also expects it will have to issue 2,900,000 new shares of stock [raising its shares outstanding from 5,500,000 to 8,400,000].
If Cute Camel's forecast turns out to be correct and its price/earnings [P/E] ratio does not change, what does the company's management expect its stock price to be one year from now?
Sets with similar termsWhich of the following is not a relevant factor in conducting a PESTEL analysis?
Multiple Choice
How frequently sellers alter their prices, how sensitive buyers are to price differences among sellers, whether an item being purchased is a good or a service, and whether buyers purchase frequently or infrequently
Interest rates, exchange rates, unemployment rates, inflation rates, and economic growth
Cultural, lifestyle, and demographic changes
The birth of new industries, new knowledge, and disruptive technologies
Weather, climate change, and water shortages
What are the company's competitively valuable resources and capabilities that can be used to form the foundation of its competitive approach?
Strictly speaking, the macro-environment excludes a company's competitively valuable resources and capabilities and instead encompasses all of the relevant factors—political factors, economic conditions in the firm's general environment, sociocultural forces, technological factors, environmental forces, and legal/regulatory factors—making up the broad environmental context in which a company operates; by relevant, we mean the factors are important enough that they should shape management's decisions regarding the company's long-term direction, objectives, strategy, and business model.
Which of the following is not among the most common types of driving forces?
Multiple Choice
Product innovation, marketing innovation, and increasing globalization of the industry
Changes in the long-term industry growth rate, changes in who buys the product and how they use it, and growing buyer preferences for differentiated products
Changes in interest rates, changes in the number of seller-supplier collaborative alliances, and changes in overall industry profitability
Emerging new Internet applications and capabilities, technological change, and the diffusion of technical know-how across more companies and more countries
Changes in cost and efficiency, the entry or exit of major firms, and changing societal concerns, attitudes, and lifestyles
Recommended textbook solutionsPrinciples of Economics
8th EditionN. Gregory Mankiw
1,335 solutions
Fundamentals of Engineering Economic Analysis
1st EditionDavid Besanko, Mark Shanley, Scott Schaefer
215 solutions
Century 21 Accounting: General Journal
11th EditionClaudia Bienias Gilbertson, Debra Gentene, Mark W Lehman
1,009 solutions
Principles of Economics
7th EditionN. Gregory Mankiw
1,394 solutions